Mr. Pat Casey:

That is a fair question. The law governing the ICF does not set out the administration process.

It is clear that it is seen as the fund of last resort. As I mentioned in my opening statement, the payment may only be made if it appears unlikely that a claim can be met otherwise than from the fund. These are matters upon which we need to reflect. The purpose of the fund is to pay out where there is a valid claim. Its purpose is not to delay payments or otherwise. Right now, there is an absence regarding what the liquidator's position is. We need to await the outcome of that to get some indication of what is available for redistribution from its assets and see the impact of that. We also need to wait for the legal advice and the outcome of that consideration and see what role the fund can play in respect of making the claims. We will reflect on the suggestion made. I am not saying "Yes" or "No". The procedures are not specified, and that is one of the things we will be looking at.